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G20 nations agree central bank independence 'crucial'
G20 nations agree central bank independence 'crucial'
by  AFP

The G20 nations stressed Friday that central banks must remain independent, after months of escalating attacks by US President Donald Trump on Federal Reserve boss Jerome Powell. "Central bank independence is crucial to achieving this goal," said the statement, a rare consensus also signed by the United States.

North Korea bars foreign tourists from new seaside resort
North Korea bars foreign tourists from new seaside resort
by  AFP

North Korea has barred foreigners from a newly opened beach resort, the country's tourism administration said this week, just days after Russia's top diplomat visited the area. But following Lavrov's visit, the North's National Tourism Administration said "foreign tourists are temporarily not being accepted" without giving further details, in a statement posted on an official website this week.

China mulls economy-boosting measures to counter 'severe situation'
China mulls economy-boosting measures to counter 'severe situation'
by  AFP

China is prepared to take measures and has a "plentiful" toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a "very severe and complex situation". "We are still facing a very severe and complex situation.